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Search ResultsShowing 51 - 60 of 100+ results for "Age Pension"
New retirement loan launches
KARREN VERGARA  |  WEDNESDAY, 6 MAR 2019
... living expenses. Chief executive Joshua Funder said the loan combines a retiree's home equity, superannuation and Age Pension to provide adequate, reliable, lifelong retirement funding while the retiree continues to live at home. The loan can be used ...
Super needs a clear objective: Cooper
HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
... led as opposed to meeting the objective. "Even if your objective was as simple as supplementing and replacing (the Age Pension) it's very hard to see how these changes are actually assisting the outcome." Cooper's point came full circle later in the ...
SMSFA turns up the heat on franking debate
HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
... grown from $500 million to whatever it is...$5-6 billion." He said it would eventually force more people onto the Age Pension, and said many would use the money they had built up to give to their children before reverting to the pension. "It will force ...
Actuaries Institute welcomes retirement income reforms
JAMIE WILLIAMSON  |  TUESDAY, 19 FEB 2019
... In doing so, the institute said it strongly supports the notion that trustees should consider eligibility for the Age Pension when considering a member's income in retirement. Income needs and spending patterns in retirement can and do vary significantly ...
Retirement expert joins Milliman
KARREN VERGARA  |  WEDNESDAY, 13 FEB 2019
... products that support the sector's new objective of providing income in retirement to substitute or supplement the Age Pension, it said. Former Milliman director of investment services Michael Armitage recently joined Mercer as head of investment ...
Labor reforms to increase welfare dependency
JAMIE WILLIAMSON  |  THURSDAY, 17 JAN 2019
... not saved for retirement at all. "For example, an SMSF couple in pension phase with $1 million in savings and no Age Pension can now enjoy an annual income of $60,000 a year of which $42,000 is dividend income and $18,000 is a franking credit cash refund. ...
Curtain call for industry body after 96 years
JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... association itself. As such, SCOA also provides support and information for seniors around dealing with Centrelink, Age Pension eligibility, the National Disability Insurance Scheme, general healthcare, aged care and elder financial abuse. According ...
Government needs to rethink CIPRs
KANIKA SOOD  |  THURSDAY, 10 JAN 2019
... markedly affect a person's future wellbeing - sometimes irreversibly so - and can affect the Government's Age Pension liabilities." The Commission also said trustees do not always want to offer these products, and forcing them to do so may conflict ...
Retirement income covenant consultation continues
KARREN VERGARA  |  TUESDAY, 11 DEC 2018
... Treasurer Stuart Robert said in October the deadline to provide income in retirement as a substitute or supplement to the Age Pension in the form of Comprehensive Income Products for Retirement (CIPRs) has been delayed from originally planned. Trustees ...
Advice firm runs rule over Labor policy
DARREN SNYDER  |  FRIDAY, 7 DEC 2018
... of franking credit tax refunds, Philpot said this measure disadvantages those that currently fall just outside the Age Pension assets limit of $848,000 for a couple that own a home. "Over the longer term, while these changes decrease the attractiveness ...
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